The Polish zloty strengthened today after Bronislaw Komorowski won in the presidential election, spurring the hopes that his victory would help to reduce the nation’s budget and to adopt the euro in 2015.
Significant Decline of Australian Dollar This Week
The Australian dollar experienced the significant losses this week on the concerns for the new mining tax, which, while eased somewhat, didn’t go away completely.
Canadian Dollar Drops on Outlook for Rates & Growth
July 02nd, 2010 at 22:42
The Canadian dollar declined today amid the concerns for the economic recovery, which prompted the traders to cut the bets on the increase of the interest rates by the central bank.
Dollar Drops on Lower Than Expected Nonfarm Payrolls
July 02nd, 2010 at 18:05
The U.S. dollar dropped today against the euro as the macroeconomic indicators added to the evidences that the U.S. economic recovery is slowing, decreasing the appeal of the greenback as the safe currency.
Risk Sentiment Improves, Driving Yen Down
July 02nd, 2010 at 11:01
The Japanese yen fell today against other most-traded currencies after the Australian government agreed to review the mining taxes, improving the global risk sentiment.
Mexican Peso Weakens on Bad News From U.S.
July 02nd, 2010 at 10:39
The Mexican peso weakened today, falling against the dollar for the whole week, after the reports showed that the index of the pending home sales in the U.S. fell and the jobless claims unexpectedly increased.
Franc Falls, Causing Talks About SNB Intervention
July 01st, 2010 at 22:57
The Swiss franc dropped today against the euro, leading to the speculation that the Swiss National Bank renewed its selling of the franc to prevent the strong currency from harming the economy; the U.S. dollar demonstrated the worse performance, therefore against the greenback the Swiss currency rose.
Dollar Goes Down on Signs of Faltering Recovery
July 01st, 2010 at 20:07
The U.S. dollar weakened today on the signs that the economic recovery in the U.S. might slow and as the European fiscal system showed the signs of recovery, damping the appeal of the U.S. currency as the safe haven.
Canadian Dollar Declines as Economic Growth Halts
July 01st, 2010 at 12:11
The Canadian dollar fell today to the lowest level since July 7th against the U.S. currency and to the lowest level in more than a month versus the euro after the report showed that Canada’s economic growth halted in April and the U.S. employers added fewer jobs than was expected.
Chilean Peso Falls on Low Economic Activity
July 01st, 2010 at 11:17
The Chilean peso weakened today against the euro as the industrial output and sales rose less than forecast and the mining production fell.
